Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    L-16&17 Smt Dr Hayesville, NC 28904

    Sponsored
    For Sale
    $149,500

    Rural Subdivision - HAYESVILLE, NC

    Days on Market:
    2
    Last Refresh:
    Feb 28 at 12:06 am

    Property Features for L-16&17 Smt Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active

    Taxes and HOA fees

    Expense value
    1152
    Expense
    Home Owner Assessments Fee

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    John Mazza

    Carolina Premier Properties Realty (828) 389-9961

    Listing agent John Mazza (828) 389-9961

    Listing date Feb 27, 2026

    MLS# 155698 Listing URL

    Copyright © 2026 Mountain Lakes Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Ridge-Top Lots with Mountain Views

    This special offering features two premium ridge-top lots for the price of one in a sought-after mountain community. The lots are partially cleared and include a pre-installed 4-bedroom septic system that has never been used, along with access to community well #1. Underground electric, community well access, and fiber optics are available for utilities. High-speed internet options are also available via Riverstreet, Skytec, Frontier, and Starlink. Perched high on a ridge, these lots offer unobstructed, long-range westward views of the Downings Creek valley, the town of Hayesville, and mountain peaks. The westward orientation allows for sunsets and views of the night sky. The property is located minutes from Hayesville and nearby lakes and trails.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hayesville
    County
    Clay
    State
    North Carolina
    Longitude
    -83.7266
    Latitude
    35.0643

    Nearby Similar for Sale

    • $799,740
      9.19 Acres

      Mountain Retreat Farm with USFS Access

      Farm retreat on 9.19 acres adjoining USFS land.
      177 Bob Penland Rd, Hayesville, NC 28904
      View Details
    • $825,000
      1,500 SF

      Mountain Resort Investment Opportunity

      Turnkey mountain resort with multiple income streams in North Carolina.
      3452 Old Highway 64 East, Hayesville, NC 28904
      View Details
    • $395,000
      4.90 Acres

      Hayesville Farmhouse with Mountain Views

      Charming farmhouse on nearly 5 acres with mountain views.
      337 Town Mountain Rd, Hayesville, NC 28904
      View Details
    • Contact for pricing
      1,008 SF

      Hayesville Commercial Space For Lease

      Versatile commercial space in high-traffic location, ideal for various businesses.
      562 Tusquittee St, Hayesville, NC 28904
      View Details
    • $1,750,000
      20,654 SF

      Hayesville Office Building on Highway

      20,654 SF office building on 1.492 acres.
      3280 Nc-69, Hayesville, NC 28904
      View Details
    • $33,000
      2.60 Acres

      Equestrian Community Vacant Lot

      2.6 acre vacant lot in Shiloh Stables, Hayesville, NC.
      69 Colt Run, Hayesville, NC 28904
      View Details
    • Contact for pricing
      1.78 Acres

      Equestrian Community Vacant Lot

      1.78 acre lot in Shiloh Stables, Hayesville, NC
      72 Colt Run, Hayesville, NC 28904
      View Details
    • Contact for pricing
      1.96 Acres

      Equestrian Lot with Mountain Views

      1.96-acre lot in equestrian community with mountain views.
      73 Shiloh Dr, Hayesville, NC 28904
      View Details
    • $540,000
      5,880 SF

      Hayesville Mixed-Use Investment Opportunity

      Two interconnected commercial buildings with apartment and parking lot.
      6 Sanderson St, Hayesville, NC 28904
      View Details
    • $540,000
      4,080 SF

      Mixed-Use Property Near Town Square

      Two interconnected buildings with warehouse and apartment spaces.
      6 Sanderson St, Hayesville, NC 28904
      View Details
    • $540,000

      Mixed-Use Investment Opportunity

      Two interconnected commercial buildings with residential apartment in Hayesville, NC.
      6 Sanderson St, Hayesville, NC 28904
      View Details
    • $1,799,000
      5.39 Acres

      Lake Chatuge Income-Producing Motel

      Unrestricted 5.39 acres with motel, mobile homes, lake access.
      40 Chatuge Ln, Hayesville, NC 28904
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two premium lots with infrastructure and stunning westward views.
    Where is this residential land & home lot located?
    The property is located at L-16&17 Smt Dr Hayesville, NC.
    What is the asking price?
    The asking price for this property is $149,500.
    What are key features of this property?
    This property features: - Two premium ridge-top lots offered for the price of one.; - Pre-installed 4-bedroom septic systems on each lot (never used), saving approximately $50,000.; - Unobstructed, long-range, due-west views of Downings Creek valley, Hayesville, and mountain peaks.
    (804) 912-3919
    Request Owner's contact information
    L-16&17 Smt Dr Hayesville, NC 28904
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    L-16&17 Smt Dr
    Hayesville, NC 28904
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    L-16&17 Smt Dr Hayesville, NC 28904
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    John Mazza
    (804) 912-3919 (828) 389-9961 (828) 389-9488
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!